Note 4: Earnings Per Share Earnings per share (“EPS”) is calculated by dividing Net income by the weighted average shares outstanding. The following is a calculation of EPS (in millions, except per share amounts): | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2026 | 2025 | | 2026 | 2025 | | Basic EPS | | | | | | | Net income | $ | 52.7 | | $ | 57.3 | | | $ | 40.1 | | $ | 59.2 | | | Weighted average shares outstanding for basic earnings per share | 234.4 | | 231.4 | | | 233.6 | | 230.9 | | | Basic earnings per share attributable to common shareholders | $ | 0.22 | | $ | 0.25 | | | $ | 0.17 | | $ | 0.26 | | | Diluted EPS | | | | | | | Net income | $ | 52.7 | | $ | 57.3 | | | $ | 40.1 | | $ | 59.2 | | | Weighted average shares outstanding for basic earnings per share | 234.4 | | 231.4 | | | 233.6 | | 230.9 | | | Dilutive effect of restricted stock units | 1.9 | | 1.0 | | | 2.3 | | 1.5 | | | Weighted average shares outstanding for diluted earnings per share | 236.3 | | 232.4 | | | 235.9 | | 232.4 | | | Diluted earnings per share attributable to common shareholders | $ | 0.22 | | $ | 0.25 | | | $ | 0.17 | | $ | 0.25 | |
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